Monday, 4 July 2022

u/i_have_chosen_a_name is in full exit scam mode, removed YEARS of ALL his past comment/post history and ALL contact info

Looks like Matthijs Bos AKA Kain, has gone full exit scam. He convinced me over months to invest $26,000 in his stable coin through private messages.

I am an idiot but what he did was illegal. Selling a stable coin then not even trying to redem its value but ghosting all his investors.

Kain was always a weirdo but I didn't think he was a criminal. Please, anyone else holding his sBUSD token get in touch. He's takening your money and trying to run.

submitted by /u/ImRichBCH
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source https://www.reddit.com/r/btc/comments/vqoxui/ui_have_chosen_a_name_is_in_full_exit_scam_mode/

Which is more private for sending payments: Lightning network or Liquid Confidential Transactions?

I've found myself falling down the privacy rabbit hole the last few days and am looking for a TL;DR on the most private way to send bitcoin.

It seems Lightning Network is the most private way, but I am wondering if Liquid network might be better with it's confidential transactions?

submitted by /u/EnterShikariZzz
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0x5D973A5B67bc17cb91c228582Fa83bD8D5B34bb8 has $26,000 worth of sBUSD. How can I get my $26,000 back from Kain?

This guy took $26,000 worth of my money and promised to return it when asked. He said MANY TIMES that it was "the safest" option on SmartBCH. In my opinion Kain lied about his stable coin to attract investors.

THEN he apparently has taken out over $300,000 as "payment", but that is not his money.

I spoke to a Canadian attorney yesterday and am ready to move forward with a lawsuit but would MUCH rather Kain just return my money.

Anyone else in this same boat. We know who has out money, but he won't give it back, surly this is a criminal matter, right?

https://www.smartscan.cash/address/0x5d973a5b67bc17cb91c228582fa83bd8d5b34bb8

submitted by /u/ImRichBCH
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source https://www.reddit.com/r/btc/comments/vqokwu/0x5d973a5b67bc17cb91c228582fa83bd8d5b34bb8_has/

Bitcoin and the American Revolution

Bitcoin and the American Revolution submitted by /u/simplelifestyle
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Sunday, 3 July 2022

Users losing funds to companies is not new..

Losing coins to mismanagement has happened many times before and will happend again. Here's a list of companies that have mismanaged user funds over the years. Many of them partnered with reputable companies. Many of them were supposedly "regulated".

Celcius BlockFi 3AC Voyager Hotbit Atomars Thodex Bitcoin7 Mt.Gox Bitcoinica Slush BitFloor Vicurex BitCash Poloniex MintPal Cryptsy 796 Bitstamp KipCoin BTER ShapeShift GateCoin Bitfinex Yapizon Bithumb Coincheck Bitgrail CoinSecure Taylor Coinrail Zaif MapleChange QuadrigaCX Cryptopia Coinbin CoinBene DragonEx Binance Bitpoint VinDAX Altsbit Coinseed Bitcurex Bitcoin-24 

If I missed any, add them in the comments.

EDIT: changed wordage to "mismanaged" for the inclusion of BlockFi

submitted by /u/shleebs
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Orange pilling

I have a customer who is in her 70’s and owns a very well established business, real estate and gold/silver. She has been asking me about Bitcoin for sometime and I finally helped her get a Trezor set up, make her first purchase and transfer it to self custody. She is completely none technical. I can get by but I’m no programmer. It took me about two hours to answer all her questions but now she can buy and store BTC completely by herself. I’m proud to have helped her move boldly into the future. This is how the network grows. One person at a time. Next time I see her she wants help with a lightning wallet.

submitted by /u/OdoIcontradictmyself
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Ayn Rand, the OG Bitcoin maximalist

Ayn Rand, the OG Bitcoin maximalist submitted by /u/KAX1107
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